User 271813

Amidst Market Turmoil, Apple Has Unique Opportunity

We hear often enough of Apple's cash horde of $21 billion. But is this really protected cash? A few years ago I recall Apple's taking a large profit in Akami stock, so that had been invested money. The question is how much of this "money in the bank" was invested by Apple's investment arm in stock which may have lost a huge amount of value, or was wiped out? Or cash in Washington Mutual accounts over $100,000, for example. Or other "investments." Will this "cash horde" still be worth $21 billion or so by the end of the year?